HORIZON
Share

SREE RAM BUSINESS CENTRE PHASE 2

P-IND-25-5551 · RERA Madhya Pradesh · https://gethorizon.in/projects/sree-ram-business-centre-phase-2-indore-malharganj-pbcg2vug

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
42 plots
Quarterly reports
6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedJan 2025
RERA registeredMar 2025
Proposed completionDec 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

JKM INVESTMENT PRIVATE LIMITED

CompanyPromoter type
2Projects
2Cities
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
137 plotson the public record across 2 projects
₹17.86 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from JKM INVESTMENT PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
153/1, 153/2/1, 153/2/1/1, 153/2/1/2, 153/3 VILLAGE KUMERDI, TEHSIL MALHARGANJ, DISTRICT INDORE
What’s nearby
Schools1 school within 500m · 5 educational institutions within 1km · College or university 1.6km away
HealthcareHospital 208m away · 26 clinics within 1km · Pharmacy within 500m
LifestylePark 1.9km away · Gym or sports centre 1.2km away
ShoppingSupermarket 1.8km away · Convenience store within 1km · Bank 758m away
Getting around
Expressway 1.8 km · Ring RoadPrimary road 237 mRailway line 2.9 kmRailway station 3.0km away (Saifee Nagar)Bus stop within 1km
Water & environment
River 1.8 km · SaraswathiWater body 2.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.28 Cr declared to build 42 plots. What that works out to:

₹22.10 Lakhdeclared cost per plotall-in — land + construction
20%of the cost is land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹41,806per sq yd
₹50,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “SULKAKHEDI/PRAJAPATIPURA/EINT BHATTA/RAM NAGAR NAI BASTI/KUMHAAR MOHALLA/TELIBAKHAL GALI/SITARAM PARK COLONY/GANESH GANJ/PANCHKUIYA-KAILASH MARG/BIJASAN NAGAR/SANKHLA COLONY/AKHAND DHAM/VINDHYANCHAL NAGAR-COLONY/MISHRA JI KA BAADA/SIYARAM NAGAR/SHUKLA NAGAR/TIRUPATI NAGAR/BHOLENATH COLONY/RAMCHANDRA NAGAR/SAI GANGOTRI COLONY/RAMAYAN NAGAR/HUKUMCHAND COLONY/HANUMANT PALACE”, 30 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

PANCHKUIYA/KAILASH MARG₹50,000 / sq m₹41,806 / sq yd150 m
AIRPORT ROAD₹70,000 / sq m₹58,529 / sq yd190 m
JAVAHAR MARG MAALGANJ SE CLOTH MARKET TAK₹90,000 / sq m₹75,251 / sq yd500 m
MAHESH NAGAR NEW MAHESH NAGAR₹35,000 / sq m₹29,264 / sq yd540 m
SHUBHASH MARG₹50,000 / sq m₹41,806 / sq yd600 m

The same schedule, published for the places around this one — so the figure above reads in its neighbourhood, not alone.

What this number is — and isn’t

  • The minimum value Madhya Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 30 Mar 2025 · 1 yr ago
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Your plotted layout is this body's core business.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

614 plotted projects still under way within 25 km. Step out ring by ring:

Of the 621 projects the radar draws within 6 km — every kind, every stage — 213 are plotted projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

50 m awayPlotted Development

CLASSIC MEADOWS

MEADOWS GROUP · Indore · Bicholi Hapsi

Jan 2025registered
Sep 2027target completion
Declared cost₹3.60 CrScale69 plotsAuthorityRERA Madhya Pradesh
140 m awayPlotted Development

GULMOHAR PARK

DELONIX DEVELOPERS PRIVATE LIMITED · Indore · Malharganj

Oct 2024registered
Jun 2027target completion
Declared cost₹5.76 CrScale54 plotsAuthorityRERA Madhya Pradesh
140 m awayPlotted Development

OMAXE PRATHAM PHASE-III

OMAXE LTD · Kanadia

Jun 2025registered
Oct 2027target completion
Declared cost₹3.75 CrScale4 plotsAuthorityRERA Madhya Pradesh
160 m awayPlotted Development

HIGHWAY ELEGANCE PHASE-2

GRACELAND HABITATS SERENE PRIVATE LIMITED · Indore · Rau

Aug 2024registered
Mar 2027target completion
Declared cost₹6.78 CrScale36 plotsAuthorityRERA Madhya Pradesh
190 m awayPlotted Development

SHREE SWASTIK VIHAR PHASE-3

SHREE SWASTIK INFRA PROJECTS · Indore · Malharganj

Jun 2026registered
Feb 2029target completion
Declared cost₹8.69 CrScale79 plotsAuthorityRERA Madhya Pradesh
520 m awayPlotted Development

TRIVENI

NARAYAN AND SONS · Indore · Juni Indore

Jul 2024registered
Jun 2026target completion
Declared cost₹6.48 CrScale68 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.